Make 2025 the Year of Smarter Loyalty
From AI analytics to fraud prevention, Comarch’s platform equips you with everything you need to revamp your loyalty program in the upcoming year.
Just because an aspiring writer has a new Word document open right in front of them doesn’t mean they will, without any doubts, create a gripping, larger-than-life story within that space. Don’t get us wrong – it is possible, but whether the young writer will tell such a story or not depends more on their skills and imagination rather than Microsoft’s popular software.
The same rule applies to loyalty programs – and platforms we use to manage them. Just because you have all the tools needed to build a unique, truly immersive customer experience doesn’t mean you will create one yourself. You see, that loyalty platform you bought (or intend to buy) is your typewriter – it doesn’t work on its own. You must have some ideas for a loyalty program first, and then use the tools to “put your ideas down in black and white”. And in the world of customer loyalty, you have to make every idea count. All of us can tell the difference between good and bad writing – the same goes for loyalty programs.
Again, what it means is that before you start using the platform, you need to have a clear vision of what you want your loyalty program to look/feel like. Of course, the competition is fierce, so it’s not like you can go for half-measures. Therefore, your loyalty program should reflect your company’s best qualities and values, at the very least.
We know we’re not making it any easier right now. And if you have near-zero experience in this field, you most probably find the process of creating a concept for your loyalty program intimidating at this point. Fortunately, there are a few ways to overcome this sensation and start making some progress.
Firstly, you can take a closer look at all the features of your loyalty platform and decide which of them can be used to make your idea for a loyalty program even better. In other words, your platform can inspire you to develop a sound customer engagement strategy. That way, you may quickly realize that you will need some specific types of rewards and promotions, as well as some gamification mechanics, to make the program feel just right. Plus, it’s always good to be aware of what is possible and what isn’t.
Secondly, you can analyze the work of your competitors. Just think about it – U.S. consumers hold nearly 4 billion memberships in customer loyalty programs[1], which means there must be thousands (if not millions) of loyalty programs in the United States. Now ask yourself a question: how many loyalty programs are there in the world? The short answer is – a LOT.
And many of them were likely created by companies similar to yours. Therefore, you can study their apps, websites, their points mechanics, their rewards systems – and use all that knowledge to create your own loyalty program. Pablo Picasso supposedly said, “Lesser artists borrow; great artists steal.” Of course, we don’t encourage you to steal anything LITERALLY – we simply recommend that you draw inspiration from the best.
However, you can’t only be guided by other people’s work, that is, unless you want to be unoriginal. Bear in mind that consumers have seen and experienced tons of content, and even though nostalgia is a currency these days, providing them with a loyalty program that is strikingly similar to others is not the way to go.
So, thirdly, if you want your loyalty program to truly stand out, you can consult with other loyalty program experts on this matter. For example, you can contact with the good people at Comarch who provide professional consulting services to help companies – no matter their industry, size, or technological maturity – bring their customer engagement ideas to life. Plus, those guys will add some of their own ideas to ensure that the company they’re working with gains a competitive advantage.
This means that the responsibility for creating a loyalty program doesn’t have to fall on your shoulders. In fact, there’s a higher probability that working with a loyalty consulting team will result in building a program that catches everyone’s attention – including your competitors.
[1] https://thewisemarketer.com/headlines/report-us-loyalty-program-memberships-reach-3-8-billion/
From AI analytics to fraud prevention, Comarch’s platform equips you with everything you need to revamp your loyalty program in the upcoming year.
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